There’s a new type of homebuyer on the prowl, and their individual financial histories may surprise you. Apparently, homeowners who lost homes to foreclosure during the recession have bounced back and, in many cases, they're back looking for homes to buy.
The Minneapolis Star Tribune has more on this phenomenon.
Already, one in 10 home buyers this year has gone through a foreclosure or short sale, more than double the rate in 2012, according to John Burns, a national research firm on the housing industry.
